Monthly food expenditures for families in Rodriguez Rizal averaged Php6,500 w a standard deviation of Php750. Assuming that the monthly food expenditures are normally distributed. What percentages of these expenditures are between Pho5.900 and Php7,8502
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In this case, we need to find the area between X = 5,900 and X =7,850
By using the Z score formula given by:
Z =
Given = 6,500 and = 750
When X = 5,900
Z = = -0.8
When X = 7,850
Z = = 1.8
Therefore, we need to find the area between Z = -0.8 and Z = 1.8
That is;
P(-0.8<Z<1.8) = P(Z<1.8) - P(Z<-0.8)
From the standard normal table,
P(Z<1.8) = 0.9641
Also,
P(Z<-0.8) = 0.2119
Therefore,
P(-0.8<Z<1.8) = P(Z<1.8) - P(Z<-0.8) = (0.9641 - 0.2119) = 0.7522
Answer: 0.7522